Bales Financial Group

Unlock Your Financial
& Retirement Potential

Simplifying Your Retirement Income Future

Retirement income planning can be a complicated, intricate process. If you prefer steadiness and consistency over market ups and downs, an annuity might be a strategy to consider in your overall financial and retirement plan. Every client is different, but there are some common steps we take in the planning process. Some of those include:

Fact Finding

In order to plan for your retirement, we have to know and understand you. What do you want your retirement to look like? How do you plan on spending your time? Will you continue to work in a part-time capacity? Do you plan on getting involved with charity? Or will you enjoy time with friends and family?


You may not know the answer to every question about retirement. That’s okay. It’s our job to work through these questions and more with you so we can fully plan for the retirement that you want.

Expense Forecasting

Once we understand what kind of retirement you want, we can estimate your expenses in retirement. Again, we can’t predict with 100% certainty what you will spend in retirement. But we can estimate a reasonable range by factoring inflation into the equation.


We also consider things like taxes, health care, and possible long-term care needs. Those three items are often some of the most significant expense items in retirement. Any retirement plan should include strategies to minimize taxes and pay for health care and long-term care.

Asset Distribution

Estimating your retirement expenses is only one half of the equation. We also analyze your retirement assets to project your income in retirement. Every client is different, but common sources of retirement income include:


  • Social Security
  • Distributions for Qualified Retirement Plans
  • Investment Income
  • Pensions
  • Rental Income


We’ll analyze your income and project what it may be in the future based on a variety of growth rates. We then compare your projected income to your projected expenses to see how they compare.

Improving Your Outcome

Once we’ve analyzed your current retirement planning progress, we recommend strategies to improve your outcomes. What steps can we take to increase your income or reduce expenses? How can we minimize risk as you approach retirement? We consider these questions and more. Some of the strategies we may recommend could include:


  • Increased Contributions to Qualified Retirement Plans
  • Investment Allocation Changes
  • Tax-Efficient Income Strategies
  • Annuities
  • Budgeting Techniques
  • Health Care & Long-Term Care Strategies
How to Rock Your Old 401(k) & Avoid Surprise Tax Bills

How to Rock Your Old 401(k) & Avoid Surprise Tax Bills

As a taxpayer and saver, you’ve earned the right to see your savings grow in the most tax-efficient manner possible. Your biggest mistake? Doing nothing at all. Let’s write and rewrite until your retirement income is a perfect harmony, allowing you to rock on!

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